Grupo Calvo

Luis Calvo Sanz, S.A.

Company type	Sociedad Anónima
Industry	Canned goods
Founded	Carballo, Galicia, Spain (1940)
Founder	Luis Calvo Sanz
Headquarters	Carballo , Spain
Area served	Nationwide
Key people	José Luis Calvo Pumpido (President) Manuel Calvo García-Benavides (Managing Director)
Revenue	€426.72 million (2009)
Net income	€15.7 million (2009)
Divisions	Calvo Conservas Calvo Envases
Subsidiaries	Calvo, Razo, Nostromo, Gomes da Costa, San Marco
Website	www.calvo.es

The Calvo Group is a backward vertically integrated group of companies dedicated to fishing, processing and distribution of canned goods. The group is centred on Luis Calvo Sanz, S.A., a company established in 1940 in Carballo. ^{[1] [2]}

Grupo Calvo operated in the town of Guanta, Venezuela under the name "Atuneras del Oriente" (ATORSA) and, later, as Industrias Calvo Conservas de Venezuela S.A. ^[3] Between 1991 and 2001, they had to temporarily close due to lack of tuna. ^[4] A few years after its reopening, in 2004 it had labor conflicts with part of the workforce, as it wanted to substantially reduce it. ^[5] That same year, it suffered an armed attack that ended up setting fire to the Venezuelan facilities, causing considerable material damage. ^[6]

In 2003, Calvo opened a facility in El Salvador, specifically, in Puerto La Unión. ^[7] In 2006, Calvo expanded its canned fish facility in Gomes da Costa, Brazil. ^[8] In November 2008, Calvo closed its cannery in Laayoune, Western Sahara. ^[9] In 2008, Calvo had a net profit of two million euros. ^[10] Since 2017, the power of the company is 77.8% in the hands of the Calvo family and 22.2% in the hands of the Italian giant Bolton Group, who paid a total of 70 million to take over the shares they previously had. ^[11] In 2017, and for the first time, it began to distribute its products under the white label of the Día supermarket chain. ^[12]

References

1. "General Information Archived 2008-12-24 at the Wayback Machine ." Calvo. Retrieved on 11 November 2008.
2. "Los Calvo descartan vender el grupo y dan entrada a su tercera generación." ABC.es . 26 October 2006.
3. "Empresas Españolas en Venezuela". 7 April 2018. Archived from the original on 7 April 2018. Retrieved 27 April 2022.
4. "Un grupo armado asalta la fábrica de Calvo en Venezuela y la deja inoperativa". La Voz de Galicia (in Spanish). 15 July 2004. Retrieved 27 April 2022.
5. Anzoátegui, Cmdo Maisanta (3 August 2004). "(Foto) Interpelarán a directivos de atunera de Guanta". Aporrea (in Spanish). Retrieved 23 August 2024.
6. "Un grupo armado asalta la fábrica de Calvo en Venezuela y la deja inoperativa". La Voz de Galicia (in Spanish). 15 July 2004. Retrieved 23 August 2024.
7. "Grupo Calvo.(Central America)(Brief Article)." Latin Trade. 1 December 2003.
8. "Brazil: Calvo expands capacity of Gomes da Costa." The America's Intelligence Wire . 20 September 2006.
9. "Major cannery divests in Western Sahara." Afrol News. 21 November 2008.
10. "Calvo comes out on top." Archived copy Fish Information and Services .
11. "Bolton paga 70 millones por el 22 % de las acciones de Calvo". La Voz de Galicia (in Spanish). 21 April 2012. Retrieved 27 April 2022.
12. "Grupo Calvo hará atún de marca blanca por primera vez en 76 años". Vozpópuli (in Spanish). 9 March 2017. Retrieved 27 April 2022.

External links

• Grupo Calvo